Banco de Sabadell S.A Sells 881 Shares of Relx Plc (NYSE:RELX)

Banco de Sabadell S.A cut its holdings in Relx Plc (NYSE:RELX) by 3.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 21,639 shares of the technology company’s stock after selling 881 shares during the period. Banco de Sabadell S.A’s holdings in Relx were worth $980,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of RELX. FMR LLC raised its holdings in Relx by 8.3% in the 3rd quarter. FMR LLC now owns 7,148,837 shares of the technology company’s stock worth $339,284,000 after purchasing an additional 548,423 shares during the period. Natixis Advisors LLC raised its stake in shares of Relx by 2.8% in the fourth quarter. Natixis Advisors LLC now owns 1,202,592 shares of the technology company’s stock worth $54,622,000 after buying an additional 32,739 shares during the period. Captrust Financial Advisors raised its stake in shares of Relx by 3.4% in the third quarter. Captrust Financial Advisors now owns 1,103,797 shares of the technology company’s stock worth $52,386,000 after buying an additional 35,807 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Relx during the 4th quarter valued at about $44,516,000. Finally, JPMorgan Chase & Co. grew its stake in shares of Relx by 14.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 826,481 shares of the technology company’s stock valued at $39,225,000 after acquiring an additional 104,999 shares during the period. Hedge funds and other institutional investors own 15.02% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on RELX. Redburn Atlantic began coverage on shares of Relx in a research note on Wednesday, January 8th. They set a “buy” rating on the stock. Barclays upgraded shares of Relx from an “equal weight” rating to an “overweight” rating in a research note on Friday, March 14th. Finally, StockNews.com lowered Relx from a “buy” rating to a “hold” rating in a research note on Tuesday, March 4th.

Relx Trading Up 0.1 %

RELX stock opened at $49.96 on Friday. The company has a market capitalization of $92.72 billion, a price-to-earnings ratio of 26.86, a PEG ratio of 2.73 and a beta of 0.90. The company has a debt-to-equity ratio of 1.46, a current ratio of 0.52 and a quick ratio of 0.47. Relx Plc has a 1-year low of $40.25 and a 1-year high of $51.99. The business has a 50 day simple moving average of $49.18 and a two-hundred day simple moving average of $47.70.

Relx Increases Dividend

The business also recently announced a semi-annual dividend, which will be paid on Wednesday, June 25th. Investors of record on Friday, May 9th will be given a dividend of $0.5586 per share. This is a positive change from Relx’s previous semi-annual dividend of $0.23. The ex-dividend date of this dividend is Friday, May 9th. This represents a dividend yield of 1.6%. Relx’s dividend payout ratio is currently 59.68%.

About Relx

RELX Plc engages in provision of information and analytics solutions for professional and business customers across industries. It operates through the following business segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal; and Exhibitions. The Scientific, Technical & Medical segment is a global information analytics business that helps institutions and professionals advance healthcare, open science, and improve performance for the benefit of humanity.